Advanced demand planning and store replenishment in the retail industry

The retail industry is a dynamic and complex industry: the number of product introductions is increasing, the promotional pressure is high, and turnover is fragmented across multiple locations and channels. Slimstock Retail focuses on specific retail issues in the area of inventory optimisation within the Food, Fashion, and Non-Food industry. The focus is on the central warehouse, the webshop(s), and automatic store replenishment planning. The inventory optimisation software Slim4, combined with our years of retail industry experience, ensures that we reach our goal: the right stock at the right time in the right shop.

Proven results

Implementation processes are short and lead to direct results. Proven results at our customers are:

  • Up to 50% reduction of out of stocks
  • 2-7% more turnover, resulting from improved availability
  • 10-30% inventory reduction

Non-Food

Maximise turnover with minimal capital investment

Explore more

Fashion

Reduce the costs of sales and avoid costly reallocations.

Explore more

Food

Maintain high levels of availability and minimise excess and waste.

Explore more

Ecommerce

Invest capital as efficiently as possible with Slim4.

Explore more

Balanced inventory with dynamic inventory management

Slim4 automatically generates a forecast and the right inventory level per article, and per location (DC, store, and webshop) on a daily basis. During the forecasting process, the software takes the type of demand pattern, seasons, trends, and promotions into account. When calculating the right stock, it always looks at the whimsicality of demand, the requested service level, and the product life cycle phase. That way, the inventory is always in balance.

Balanced inventory with dynamic inventory management

The retail industry environment is characterised by many locations and sales channels. This is particularly relevant within an omnichannel environment where turnover is fragmented; in this instance it is very important to plan the inventory centrally. Slim4 continuously looks at the whole chain; based on the expected sales opportunity combined with the margin that has to be realised, it can determine where to best place a product. Especially important at the end of the life cycle, but also in case of scarcity of product this results into optimal efficiency.

Industry specialists

Slim4 is standard software, which can be maximally configured and parameterised so it exactly fits the requested retail processes. To penetrate (and challenge) these processes, extensive retail industry experience is an important key to success. In 2010 Slimstock Retail was chosen as the winner of the ING Retail Year Award in the category 'Best Retail Excellence Idea'.

Resources

DSV Published in News - 12 February 2019

DSV and Slimstock join forces in inventory optimisation

DSV Global Transport & Logistics, a logistics services provider with subsidiaries in more than 80 countries, has signed a partnership with Slimstock as their preferred inventory optimisation software provider. DSV has a dedicated team of inventory optimisation specialists that has been improving supply chain performance for their customers for over 13 years. Slimstock’s software and
Read more
EBS Published in News - 10 January 2019

Growth at EBS shows no sign of slowing following major supply chain initiative

As Europe’s leading independent manufacturer, wholesaler and distributors of aftermarket air brake and vehicle control system components, supply chain innovation has always been at the centre of European Braking Systems’ (EBS) success. However, to underpin the business’ ambitious 5-year objective to grow substantially, the automotive braking specialist has joined forces with inventory optimisation experts, Slimstock,
Read more
Horeca Logistic Services Published in News - 10 December 2018

Horeca Logistic Services (HLS) chooses Slim4 to improve customer service

The Beverage distributor, Horeca Logistic Services (HLS) will implement Slim4 to achieve a higher level of service as to reduce operating costs. “In our current inventory system, it is not possible to align safety stocks and order levels with seasonal variations in demand,” states logistic director, Patrick Verougstraete. Horeca Logistic Services (HLS) is the largest
Read more
TOP